NSE adds 8 securities to ESM Stage I and moves 2 securities to Stage II effective May 11-12, 2026, imposing 100% margin requirements and shifting affected scrips to Trade-for-Trade settlement.
Impact
High
Severity
High
Justification
Affects 10 stocks with significant trading restrictions including 100% margin requirements, forced shift to Trade-for-Trade settlement, and for Stage II stocks a restrictive 2% price band under Periodic Call Auction — materially limiting liquidity and trading activity for all affected securities.
NSE adds 11 securities to ESM Stage I and moves 2 securities from Stage I to Stage II, effective April 29-30, 2026, with 100% margin requirements and shift to Trade-for-Trade settlement.
Impact
High
Severity
High
Justification
Affects 13 securities with significant trading restrictions including 100% margin requirements, segment migration from EQ/SM to BE/ST (Trade-for-Trade), and 2% price band under Periodic Call Auction for Stage II securities — directly impacting liquidity and trading costs for investors holding these stocks.
NSE announces inclusion of 5 securities into Long-Term ASM Stage-I and movement of securities across ASM stages, with 100% margin requirement effective April 30, 2026.
Impact
High
Severity
High
Justification
Imposes 100% margin requirements on multiple securities and triggers potential shift from rolling settlement (EQ) to trade-for-trade (BE) segment, directly affecting trading costs and settlement for affected stock holders and traders.
NSE moves 18 securities from Rolling segment to Trade for Trade segment (series BE/ST) with a 5% price band effective April 30, 2026, based on surveillance criteria including Price Earnings Multiple, Price Variation, and Market Capitalization.
Impact
High
Severity
High
Justification
Directly affects trading conditions for 26 securities; shifting to Trade for Trade segment with 5% price band significantly restricts intraday trading and increases settlement obligations for investors holding these stocks.
NSE adds 5 securities to Long Term ASM Stage-I and moves 2 securities from Stage-I to Stage-II, with 100% margin requirement applicable from April 21, 2026.
Impact
High
Severity
High
Justification
100% margin requirement imposed on 7 securities with stage changes effective April 21, 2026; directly affects trading positions and liquidity for affected scrips
NSE announces the list of securities subject to the Reversal Trade Cancellation Mechanism (RTCM) for April 2026, covering 300+ stocks under enhanced surveillance.
Impact
High
Severity
High
Justification
RTCM is an NSE surveillance measure that directly cancels reversal trades in listed securities. Inclusion in this list significantly restricts trading patterns for 300+ stocks in the cash market segment for April 2026, with immediate and direct impact on trading activity and liquidity for affected securities.
NSE releases the updated list of 300+ securities subject to the Reversal Trade Cancellation Mechanism (RTCM) for March 2026, a surveillance measure to cancel trades that are reversed within a short timeframe.
Impact
Medium
Severity
Medium
Justification
Affects 300+ securities listed on NSE; RTCM is an active surveillance tool that can result in trade cancellations for reversal patterns, directly impacting traders and brokers dealing in these stocks. High importance due to the large number of securities covered; medium impact as it targets a specific trading behaviour rather than broad market restrictions.
NSE announces list of 323 securities subject to Reversal Trade Mechanism (RTCM) effective February 2026.
Impact
Medium
Severity
Medium
Justification
RTCM is a surveillance measure affecting 323 securities with enhanced monitoring and potential trading reversals to manage market risk and protect investors from abnormal price movements.
NSE circular listing 324 securities subject to Reversal Trade Cancellation Mechanism (RTCM) for November 2025, a surveillance measure to prevent price manipulation.
Impact
High
Severity
Medium
Justification
RTCM is a critical surveillance mechanism affecting 324 securities, enabling NSE to cancel erroneous or manipulative trades. High impact on trading operations and investor protection, though routine monthly update.